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Housing in Oak Valley

A typical Oak Valley home is worth roughly $204,000

Typical home value
$204K
MN $351K
Estimate
2-bedroom rent
$1,020
a month, utilities in · HUD
Median tax bill
$1,226
MN $3,357

What kind of housing town is Oak Valley?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

What it takes to buy in Oak Valley

Try your own numbers below.

You could afford about
$341,000
Typical Oak Valley home $204K

That covers a typical Oak Valley home, with $137K to spare.

The typical home, each month
$1,240
Loan $1,010Tax $170Insurance $60

A two-bedroom rents for about $1,020 a month here, $220 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Minnesota typical property tax (1.02% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

98% of Oak Valley households own their home

Half of Oak Valley’s homes were built before 1971.

Owners and renters
Own 98%Rent 2%

Minnesota: 72% own.

1971
typical home built · MN 1979
$1,226
median property tax bill · MN $3,357
4%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $1,020

Fair Market Rent a month, utilities included

Studio$740
1 bedroom$780
2 bedrooms$1,020
3 bedrooms$1,380
4 bedrooms$1,550
2%
of households rent · MN 28%

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Otter Tail County, MN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Oak Valley vs. its neighbors

The towns that share a border with Oak Valley. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Oak Valley$204K*—$1,020—$65,000
Stowe Prairie——$1,0100$79,464
Compton$215K*−0.8%†$9800$74,196
Woodside—−4.1%†$980—$76,250

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Oak Valley buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Oak Valley still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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